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CEO & Publisher: Oh Young-jinDigital News Email: webmaster@koreatimes.co.krTel: 02-724-2114Online newspaper registration No: 서울,아52844Date of registration: 2020.02.05Masthead: The Korea TimesCopyright © koreatimes.co.kr. All rights reserved.

Opposition leader raps Yoon over remarks on Iran

Rep. Lee Jae-myung, leader of the main opposition Democratic Party of Korea, speaks at the party's Supreme Council meeting at the National Assembly, Jan. 18. Yonhap Opposition leader Lee Jae-myung lashed out at President Yoon Suk Yeol on Wednesday, claiming that his recent remark branding Iran as the "enemy" of the United Arab Emirates was "monocellular" and "biased."Yoon made the remark earlier this week, comparing the UAE-Iran relations to those of South and North Korea during a meeting with South Korean troops stationed in the UAE. Yoon's remarks prompted Tehran to say it was "looking into and pursuing the meddling comments" and awaiting an explanation from Seoul's foreign ministry and drew criticism from opposition parties at home."It is truly regrettable that he cannot make the most basic judgment," the leader of the main opposition Democratic Party of Korea (DPK) said in the party's Supreme Council meeting, likening the incident to a "diplomatic disaster.""Thr

Jan 18, 2023
Opposition leader raps Yoon over remarks on Iran

Yoon to urge world leaders to unite to fix supply chain, climate issues at Davos Forum

President Yoon Suk Yeol and first lady Kim Keon Hee disembark from the presidential jet as it arrives at Zurich Airport in Switzerland, Tuesday (local time). YonhapBy Nam Hyun-wooDAVOS ― President Yoon Suk Yeol will urge the international community to embrace “solidarity and cooperation” to address global supply chain issues and ensure a transition to clean energy at the World Economic Forum (WEF) in Davos, Switzerland, according to the presidential office, Wednesday.After wrapping up his state visit to the United Arab Emirates (UAE), he arrived in the Swiss city, Wednesday (local time), to meet with a group of CEOs from Korean and multinational companies, and attend the WEF, also known as Davos Forum. The presidential office said that Yoon will deliver a special speech at Thursday's session of the prestigious forum where more than 40 world leaders, 300 public officials and 2,000 business leaders are anticipated to be present.“The current comprehensive crisis makes it difficult for a single country or a single company to cope,” senior presidential secretary fo

Jan 18, 2023By Nam Hyun-woo
Yoon to urge world leaders to unite to fix supply chain, climate issues at Davos Forum
  • First lady discusses cultural exchanges with UAE counterpart
  • Yoon encourages global businesses to invest in Korea
  • Yoon rallies int'l support for 2030 World Expo bid
  • Yoon calls himself Korea Inc.'s 'No. 1 salesperson'

Yoon discusses expanding cooperation with UAE vice president

President Yoon Suk Yeol, left, shakes hands with UAE Vice President Mohammed bin Rashid Al Maktoum ahead of their meeting in Dubai, Jan. 17. YonhapPresident Yoon Suk Yeol met with the vice president of the United Arab Emirates on Tuesday and discussed expanding cooperation in business, space and other sectors, his office said.During the meeting with Vice President Mohammed bin Rashid Al Maktoum in Dubai, Yoon said he was impressed by Dubai's innovative development and proposed Korea and the UAE not only cooperate with each other but also jointly contribute to issues of common interest to all of mankind, senior presidential secretary for press affairs Kim Eun-hye said in a written briefing."President Yoon said he hopes to drastically strengthen cooperation with the UAE in space, digital technology, green technology and other future industry sectors," Kim said."In particular, he asked Vice President and Prime Minister Mohammed to take an interest and provide support so that our businesses can actively participate in key economic projects in Dubai going forward, given that they have con

Jan 18, 2023
Yoon discusses expanding cooperation with UAE vice president
  • First lady discusses cultural exchanges with UAE counterpart

Korea's KF-21 fighter jet achieves first supersonic flight

A prototype of the KF-21 Boramae flies over Sacheon, South Gyeongsang Province, Tuesday. The Defense Acquisition Program Administration said the fighter jet surpassed Mach 1 during the flight. Courtesy of DAPA By Kang Seung-woo The KF-21 Boramae, the nation's first domestically developed fighter jet, successfully flew at supersonic speeds for the first time, Tuesday, the state arms procurement agency said. Securing supersonic capability is a major part of the project as it means key functions work smoothly irrespective of flight speeds.According to the Defense Acquisition Program Administration (DAPA), the prototype of the 4.5-generation fighter jet surpassed Mach 1 at an altitude of 40,000 feet at 3:15 p.m. after it took off at the third Flying Training Wing of the Republic of Korea Air Force in Sacheon, South Gyeongsang Province at 2:58 p.m. The warplane landed at 3:54 p.m. after flying over the country's southern waters.Since its first test flight in July 2022, three prototypes of the aircraft, manufactured by Korea Aerospace Industries (KAI), have flown over 80 times at speeds of

Jan 17, 2023By Kang Seung-woo
Korea's KF-21 fighter jet achieves first supersonic flight

DPK floor leader threatens special counsel probe of first lady

The main opposition Democratic Party of Korea floor leader Park Hong-geun speaks at a general meeting of the party's lawmakers at the National Assembly in western Seoul, Jan. 17. YonhapThe floor leader of the main opposition Democratic Party of Korea (DPK) threatened Tuesday to pursue an independent counsel investigation of first lady Kim Keon Hee, accusing the prosecution of conducting a politically motivated probe against party leader Lee Jae-myung.Rep. Park Hong-geun made the remark a day after Lee was asked to appear for questioning, claiming the prosecution is fabricating charges against Lee while turning a blind eye to allegations of stock price manipulation involving the first lady.On Monday, prosecutors asked Lee to appear for questioning on Jan. 27 as part of an investigation into corruption allegations involving a high-profile property development project. The summons came less than a week after Lee underwent the first round of questioning in a separate bribery case.Lee has flatly denied all allegations against him.Korean first lady Kim Keon-hee signs a guestbook during a v

Jan 17, 2023
DPK floor leader threatens special counsel probe of first lady

PPP requests effective operation of emergency medical system during Lunar New Year holiday

Rep. Sung Il-jong of the ruling People Power Party, third from right, speaks at a policy consultation meeting with the government at the National Assembly in western Seoul, Jan. 17. YonhapThe ruling People Power Party (PPP) has asked the government to make sure that emergency medical facilities will open around the clock during the Lunar New Year holiday, the party's chief policy maker said Tuesday.Rep. Sung Il-jong said the party asked the health ministry to ensure there is no hole in the emergency medical system during the holiday set for Saturday through Tuesday, and over 500 emergency medical facilities are expected to operate around the clock during the period. The government and the PPP have also agreed to strengthen safety controls in places where large crowds are expected to gather, such as traditional markets and subway stations. (Yonhap)

Jan 17, 2023
PPP requests effective operation of emergency medical system during Lunar New Year holiday

Fugitive ex-Ssangbangwool chief returns home to face probe linked to opposition leader

Kim Seong-tae, former chair of underwear maker Ssangbangwool Group, arrives at Incheon International Airport, Jan. 17. YonhapA fugitive underwear tycoon nabbed in Thailand last week in connection with the prosecution's ongoing investigation into opposition leader Lee Jae-myung's corruption allegations returned home Tuesday.Kim Seong-tae, former chairman of underwear maker Ssangbangwool Group, arrived at Incheon International Airport, west of Seoul, around 8:20 a.m. via an Asiana Airlines flight from Bangkok.He was apprehended by Thai police at a golf club near Bangkok a week ago, roughly eight months after he fled the country amid several high-profile corruption investigations.Kim has been long sought after by prosecutors as a key suspect in a number of high-profile corruption investigations, including alleged payment of Lee's attorney expenses by proxy, suspected embezzlement of company funds and alleged transfer of cash to North Korea.The 55-year-old Kim, handcuffed and flanked by prosecution investigators, was asked if he had any relationship with Lee, the chairman of the main opp

Jan 17, 2023
Fugitive ex-Ssangbangwool chief returns home to face probe linked to opposition leader

Opposition leader accuses gov't of 'subservient' diplomacy toward Japan

Democratic Party of Korea Chair Rep. Lee Jae-myung gives a speech during a forum at the National Assembly, Jan. 16. YonhapOpposition leader Lee Jae-myung accused the government of President Yoon Suk Yeol of "submissive and subservient" diplomacy toward Japan after it proposed compensating victims of Japan's wartime forced labor with money from Korean firms without the participation of Japanese companies.The government unveiled the proposal last week in an effort to patch up long-strained relations with Japan, but the idea drew strong criticism from forced labor victims, the main opposition Democratic Party of Korea (DPK) and other critics."The Yoon Suk Yeol administration's submissive and subservient diplomacy toward Japan is getting increasingly intriguing," DPK Chairman Lee said during a forum on diplomacy toward Japan. "The government should immediately halt the self-harming diplomacy."Seoul's proposal calls for creating a fund from donations of Korean companies to compensate victims without the participation and formal apologies of the accused Japanese firms, such as Mitsubishi H

Jan 16, 2023
Opposition leader accuses gov't of 'subservient' diplomacy toward Japan

Opposition leader Lee asked to appear again for questioning

Main opposition Democratic Party of Korea Chairman Lee Jae-myung, center, gives a speech during a forum at the National Assembly, Jan. 16. YonhapProsecutors have asked Rep. Lee Jae-myung, the leader of the main opposition Democratic Party of Korea (DPK), to appear again for questioning less than a week after he was quizzed over bribery allegations, sources said Monday. The Seoul Central District Prosecutors Office asked Lee to show up for questioning after the upcoming Lunar New Year holiday as part of an investigation into corruption allegations involving a high-profile property development project, according to the legal sources. The case centers on the allegations that a private asset management company, Hwacheon Daeyu, was allowed to reap huge investment profits from the development project in Daejang-dong in Seongnam, just south of Seoul, launched while Lee was serving as the Seongnam mayor.Prosecutors suspect Lee let private partners affiliated with Hwacheon Daeyu gain access to insider information so as to reap about 404 billion won ($327 million) of illegal proceeds from the

Jan 16, 2023
Opposition leader Lee asked to appear again for questioning

Yoon's approval rating falls below 40%: poll

A Jan. 11 file photo of President Yoon Suk Yeol provided by the presidential office / YonhapPresident Yoon Suk Yeol's approval rating fell below 40 percent for the first time in five weeks in the wake of hard-line remarks he made on North Korea and a row with a potential candidate to become leader of the ruling People Power Party (PPP), a poll showed Monday. In the poll of 2,508 adults conducted by Realmeter from Monday to Friday of last week, 39.3 percent positively assessed Yoon's performance, down 1.6 percentage points from the previous week.Yoon's disapproval rating was 58.4 percent, up 2.5 percentage points over the same period. This marks the first time in five weeks Yoon's approval rating has sunk below the 40 percent mark since the second week of December.The fall was attributable to a series of hawkish remarks Yoon made on North Korea as well as a row with Na Kyung-won, a former four-term PPP lawmaker considered a leading potential contender for PPP leader, according to Bae Cheol-ho, a senior analyst at Realmeter.Na offered to resign as vice chair of the presidential committ

Jan 16, 2023
Yoon's approval rating falls below 40%: poll
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